Heat pumps, air conditioning and refrigeration and Hydrofluoric acid
Their prices have moved together.
Heat pumps, air conditioning and refrigeration (energy) and Hydrofluoric acid (chemical): 1 relationship.
How they are linked
1. Price link: end-use demand
Cost and price · Moderate · Both ways
Air conditioners and heat pumps use fluorinated refrigerants, so cooling demand drives the acid market. The equipment index correlates at 0.21 for monthly moves and 0.60 for yearly moves, mostly a shared US industrial cycle.
- 0.21 monthly change correlation
- 0.60 12-month change correlation
- 0.52 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.